Social media has become the forefront of our lives. Millions upon millions of people use various social media platforms multiple times per day. They share photos, videos, stories and other items with their followers. Social media can be a blessing -- but when it comes to divorce, social media can be a big curse. Here's why you should refrain from social media use while going through a divorce.
There are quite a few indirect impacts a divorce can have on your credit score. Just know that getting divorced in and of itself does not lower your credit score. There is no section for marital status on your credit report. It is how you handle all of the financial issues that come with divorce that impact your credit score and we will look at some of those issues in this post.
Virtual visitation has become a popular option for parents involved in a child custody agreement to communicate with their children. Parents aren't always readily available to speak to their children or even visit with them because of various factors, including work, serving in the military and moving away from where they live. This is why virtual visitation might be an option for your child custody situation.
Not every marriage will end happily ever after. There will be fighting. There will be infidelity. There will be irreconcilable differences. All of this can add up to one or both spouses agreeing that it is time to go their separate ways. It doesn't mean the marriage was a failure. It just means that the two people are no longer compatible. Here's how to tell if divorce is the right step.
Alimony is always a contested topic of discussion between two divorcing people. When the couple cannot come to an agreement, it will go in front of a family law judge. The judge will make the determination on the amount to be paid based on various factors. If you receive alimony in Memphis, here's the smart uses for these payments.
Trusts are a common component of many estate plans today. People often set up living trusts to hold their assets, including their homes, bank accounts and other property. Many people establish them to hold funds for their children to inherit when they're older. Some trusts can provide protection from creditors and lawsuits. Even if you don't have a trust of your own, you may be the beneficiary of someone else's trust -- perhaps one set up by parents or grandparents.
If your co-parent has family, business or other ties to one or more countries outside the U.S., you may be concerned that they'll take your children abroad and fail to return them. We've all seen heartbreaking cases of parents fighting to get their children back after a parent has taken them to another country. The legal actions necessary to do this can be expensive and offer no guarantee of success, regardless of a couple's custody agreement.
If you and your co-parent will be living some distance apart after your divorce and sharing custody of your children, or even if one of you will have them most of the time while the other one will have scheduled visitation, you'll need to work out a long-distance parenting plan.
Couples -- or often just one spouse -- arrive at the conclusion that it's best to end their marriage for all kinds of reasons. Often, people talk about the "last straw." However, that last straw is often proceeded by months or even years of problems.
Divorces aren't necessarily over once all the agreements are finalized. These documents are signed by a judge and are, therefore, court orders. Any signatories to those orders are required to abide by them or risk being in contempt of court.